Oncor Electric Delivery Company LLC 401(k) Review & Grade
Oncor Thrift Plan
Dallas, TXManagement of Companies5,000 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,310Employer $ per active participant
$12,472Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$1.1BNet plan assets, end of year
$189,222Average balance per account
Score breakdown
- Employer generosity39.8 / 5080th percentile for employer $ per participant
- Low cost18.6 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1593th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Management of Companies plans with 2,500–9,999 active participants (60 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 74th |
| Employee saving | 93th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Corrective distributions: the plan refunded $3,192 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Oncor Electric Delivery Company put in about $6,310 per active participant, more than the typical peer ($3,455). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $31,552,367 |
| Participant (employee) contributions | $62,358,204 |
| Other contributions (incl. rollovers in) | $2,865,368 |
| Administrative expenses paid from the plan | $621,458 |
| Investment advisory & management fees | $448,615 |
| Benefits paid out | $115,719,582 |
| Net assets, start / end of year | $1.0B / $1.1B |
| Active participants, start / end of year | 4,832 / 5,168 |
| Participants with account balances | 6,012 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $448,615 reported compensation |
| Fid Inv Inst Ops Co | $172,843 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250804182635NAL0001216625001, received 2025-08-04, EIN 75-2967830, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.